Victory Capital Management Inc. Grows Position in Domino's Pizza, Inc. (NYSE:DPZ)

Victory Capital Management Inc. boosted its stake in shares of Domino's Pizza, Inc. (NYSE:DPZ - Free Report) by 10.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 98,823 shares of the restaurant operator's stock after purchasing an additional 8,964 shares during the period. Victory Capital Management Inc. owned 0.29% of Domino's Pizza worth $42,508,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of DPZ. Cumberland Partners Ltd bought a new position in shares of Domino's Pizza in the third quarter valued at $430,000. Rakuten Securities Inc. grew its position in shares of Domino's Pizza by 195.6% in the 3rd quarter. Rakuten Securities Inc. now owns 133 shares of the restaurant operator's stock valued at $57,000 after acquiring an additional 88 shares during the period. Buckingham Capital Management Inc. increased its stake in shares of Domino's Pizza by 92.5% during the 3rd quarter. Buckingham Capital Management Inc. now owns 6,456 shares of the restaurant operator's stock worth $2,777,000 after purchasing an additional 3,102 shares during the last quarter. Catalytic Wealth RIA LLC increased its stake in shares of Domino's Pizza by 6.9% during the 3rd quarter. Catalytic Wealth RIA LLC now owns 834 shares of the restaurant operator's stock worth $359,000 after purchasing an additional 54 shares during the last quarter. Finally, River Global Investors LLP raised its holdings in shares of Domino's Pizza by 4.4% in the 3rd quarter. River Global Investors LLP now owns 3,770 shares of the restaurant operator's stock valued at $1,623,000 after purchasing an additional 160 shares during the period. 94.63% of the stock is currently owned by institutional investors.

Insider Transactions at Domino's Pizza

In related news, Director Andrew Balson sold 6,970 shares of Domino's Pizza stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $428.27, for a total value of $2,985,041.90. Following the completion of the sale, the director now owns 15,390 shares of the company's stock, valued at approximately $6,591,075.30. This trade represents a 31.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.76% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently commented on DPZ shares. Oppenheimer reiterated an "outperform" rating and set a $490.00 price target on shares of Domino's Pizza in a report on Friday, October 11th. JPMorgan Chase & Co. decreased their price objective on shares of Domino's Pizza from $470.00 to $450.00 and set a "neutral" rating on the stock in a report on Friday, October 11th. TD Cowen reissued a "buy" rating and issued a $475.00 price objective on shares of Domino's Pizza in a research report on Friday, October 11th. Wells Fargo & Company reduced their target price on shares of Domino's Pizza from $450.00 to $420.00 and set an "equal weight" rating for the company in a report on Friday, October 11th. Finally, Citigroup reduced their price target on Domino's Pizza from $450.00 to $440.00 and set a "neutral" rating for the company in a research note on Friday, October 11th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Domino's Pizza has an average rating of "Moderate Buy" and an average price target of $494.38.

Domino's Pizza Trading Down 1.3 %

NYSE:DPZ traded down $5.54 during mid-day trading on Friday, hitting $430.43. 1,571,308 shares of the company's stock were exchanged, compared to its average volume of 610,711. Domino's Pizza, Inc. has a fifty-two week low of $367.24 and a fifty-two week high of $542.75. The company has a 50 day simple moving average of $423.60 and a 200-day simple moving average of $458.03. The firm has a market capitalization of $14.86 billion, a P/E ratio of 26.44, a PEG ratio of 2.36 and a beta of 0.86.

Domino's Pizza (NYSE:DPZ - Get Free Report) last posted its quarterly earnings data on Thursday, October 10th. The restaurant operator reported $4.19 EPS for the quarter, topping analysts' consensus estimates of $3.65 by $0.54. Domino's Pizza had a negative return on equity of 14.35% and a net margin of 12.26%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.10 billion. During the same period in the previous year, the firm earned $4.18 earnings per share. The firm's quarterly revenue was up 5.1% on a year-over-year basis. As a group, analysts expect that Domino's Pizza, Inc. will post 16.86 earnings per share for the current year.

Domino's Pizza Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Friday, December 13th will be given a dividend of $1.51 per share. The ex-dividend date is Friday, December 13th. This represents a $6.04 annualized dividend and a dividend yield of 1.40%. Domino's Pizza's payout ratio is 37.10%.

Domino's Pizza Company Profile

Domino's Pizza, Inc, through its subsidiaries, operates as a pizza company in the United States and internationally. The company operates through three segments: U.S. Stores, International Franchise, and Supply Chain. It offers pizzas under the Domino's brand name through company-owned and franchised stores.